Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: long-gone who wrote (85040)	3/24/2001 5:29:26 PM
From: oldirtybastard	Read Replies (2) of 436258

How long was "the average buy & hold" person in the red? Sentiment is a hard thing to gauge. How long until there were genuine profits showing for "the buy & holder"? longer range Despite the now stuckholders' claims that they are in it for the "long haul", I think that the market behavior of the past decade has engendered much more of an instant gratification requirement, especially when everyone is holding hot flaming sacks of shit they pretend are shares of viable businesses. Currency by fiat still works but I don't think they'll be able to pull off the company valuation by fiat trick for too long now that price action on its own is not sufficient to create an endless stream of greater fools rushing to bid up the little sacks before the shit leaks out and everyone can see it. Consequently, I think the amount of time they are willing to hold before getting their money back will vary from the past, bwdik? Sorry for the scatological analogy, I have this visual in my head for some reason today.

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